MGM China Holdings has released its unaudited annual financial report for 2022. The company has published figures for the last quarter of 2022 and for the entire fiscal year. The operator reported net income of around HK$5.3 billion (US$680 million), representing almost half of its net income...
MGM Resorts International announced that fourth-quarter and full-year 2022 earnings before interest, tax, depreciation, amortization, restructuring or rental costs (EBITDAR) set new records in Las Vegas and across its regional portfolio.
The operator said it earned 69 cents a share for the last...
New Jersey firearms enthusiasts recently received some positive news when the state lifted a rule banning the carrying of guns in casinos. However, this does not mean that customers can simply walk in armed, as casinos will still prohibit visitors from carrying weapons.
New...
Nevada casinos generated more than $1 billion in revenue in 2022, marking the 22nd straight month the state has reached that number. Earning $1.31 billion from its 434 licensed casinos, that figure represents a 14% year-over-year increase.
Most notably, it was a record month...
The return of Formula 1 to Las Vegas will be a huge job creator and add over $1 billion to the local economy, likely doubling the impact of the 2024 Super Bowl.
The Las Vegas Grand Prix, scheduled for November 18, could generate 7,700...
The Rank Group published its first half results, which showed an operating profit of £4.2m ($5.1m).
However, despite the profit, the overall figure was down sharply from the first half of 2022, which stood at £24.9m, representing an 83% drop. Something the company attributed...
Las Vegas Sands (LVS) reported net income of $1.12 billion for the fourth quarter of 2022, an increase of 11% year-over-year. Revenue from The Venetian Macau accounted for US$201 million of that total, with The Londoner Macao and The Parisian Macao accounting for US$93 million and US$51...
Portugal is already part of the tourist itinerary of many Brazilians. In addition to historical partners and sharing the same language, another characteristic that unites the two countries is the appreciation for betting. Unlike Brazil, in Portugal casinos are allowed by law, so many tourists see this...
During a trip to Europe, the former mayor of Maricá (RJ) and elected federal deputy, Washington Luiz Cardoso Siqueira, known as Washington Quaquá, stated that he will act in Brasília (DF) to allow the installation of a casino in the municipality.
According to the...
Las Vegas Sands has confirmed that it is pursuing the development of a multi-billion dollar hospitality, entertainment and casino project on Long Island, New York, with the recent release of the New York State Gaming Commission Application for three gaming licenses in the center of New York...